Anchor Insurance Agencies

Health savings accounts (HSAs) have become a vital part of many employers’ benefits packages, offering employees a powerful tool to manage healthcare expenses while benefiting from tax advantages. However, managing HSAs goes beyond just facilitating contributions. It also involves understanding and addressing mistakes with distributions that employees might encounter. This article delves into the basics […]

The Patient-Centered Outcomes Research Trust Fund fee, often referred to as the PCORI fee, can be a source of confusion for employers offering health insurance plans. This article aims to simplify what the PCORI fee is, why it exists, and how it impacts your business. What is the PCORI Fee? The PCORI fee is an […]

The old adage “an ounce of prevention is worth a pound of cure” rings truer than ever in today’s world. While reactive healthcare plays a crucial role in treating illness, a growing emphasis is being placed on the power of health prevention and wellness. Investing in preventive measures and promoting overall well-being isn’t just about […]

A Baby Boomer is someone born between 1946 and 1964. This generation is currently between 58 and 78 years old (in 2024).  They tend to have a strong, loyal work ethic and excel at face-to-face communication and building relationships with colleagues.  Boomers have a wealth of experience accumulated over long careers. They value jobs that […]

Religious organizations are increasingly offering activities to engage children, teens and young adults. These activities may include recreational sports or church lock-ins, and they are often chosen because they can foster a sense of community. However, these activities also come with risks to both the children and your organization. Before planning a church lock-in or […]

Attention Employers: Don’t Miss Your Form 5500 Deadline! Here’s a simplified breakdown of what you need to know about filing your employee benefit plan report: Who Needs to File? Employers subject to ERISA (Employee Retirement Income Security Act) with employee benefit plans, unless exempt. What to File? Form 5500 (annual report) for each employee benefit […]

Life Insurance at Work: Your Guide to Voluntary Coverage We all juggle life’s different responsibilities, and ensuring our loved ones are financially secure in case of our passing should be a top priority. Life insurance offers a safety net but typically the amount of coverage included as a standard company-paid life insurance policy isn’t enough […]

A health plan is more than a product or service; it’s a relationship. All productive and healthy relationships—especially in the benefits space—rely on trust. When an employer extends trust in a broker or insurance carrier to purchase something as critical as healthcare—for people as critical as their workers and families—we’re obligated to raise all factors […]

Report Highlights Growing Demand for Family-friendly Benefits According to a new report by family health benefits platform Ovia Health by Labcorp, American employees are looking for company benefits and policies that support their families, and 73% would leave their current jobs to find them. Respondents also expressed widespread dissatisfaction with available family-friendly benefits. Many (62%) […]

Recognizing and Responding to Allergic Reactions   Nearly 50 million people across the United States have an allergy of some kind, according to the American Academy of Allergy, Asthma and Immunology. As such, allergic reactions are a significant threat at any summer or day camp. While some reactions are accompanied by minor symptoms, others can […]